Precipitate Gold Corp (PRG) - Net Assets

Latest as of August 2025: CA$4.33 Million CAD ≈ $3.14 Million USD

Based on the latest financial reports, Precipitate Gold Corp (PRG) has net assets worth CA$4.33 Million CAD (≈ $3.14 Million USD) as of August 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$4.67 Million ≈ $3.38 Million USD) and total liabilities (CA$338.68K ≈ $245.00K USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore PRG current and non-current assets for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$4.33 Million
% of Total Assets	92.75%
Annual Growth Rate	15.44%
5-Year Change	58.63%
10-Year Change	323.65%
Growth Volatility	126.52

Precipitate Gold Corp - Net Assets Trend (2011–2024)

This chart illustrates how Precipitate Gold Corp's net assets have evolved over time, based on quarterly financial data. Check Precipitate Gold Corp (PRG) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Annual Net Assets for Precipitate Gold Corp (2011–2024)

The table below shows the annual net assets of Precipitate Gold Corp from 2011 to 2024. For live valuation and market cap data, see Precipitate Gold Corp stock valuation.

Year	Net Assets	Change
2024-11-30	CA$5.43 Million ≈ $3.93 Million	-10.05%
2023-11-30	CA$6.04 Million ≈ $4.37 Million	+4.27%
2022-11-30	CA$5.79 Million ≈ $4.19 Million	+144.20%
2021-11-30	CA$2.37 Million ≈ $1.71 Million	-30.74%
2020-11-30	CA$3.42 Million ≈ $2.48 Million	+2.90%
2019-11-30	CA$3.33 Million ≈ $2.41 Million	+96.00%
2018-11-30	CA$1.70 Million ≈ $1.23 Million	-30.66%
2017-11-30	CA$2.45 Million ≈ $1.77 Million	-37.45%
2016-11-30	CA$3.91 Million ≈ $2.83 Million	+205.27%
2015-11-30	CA$1.28 Million ≈ $927.16K	-62.21%
2014-11-30	CA$3.39 Million ≈ $2.45 Million	-0.94%
2013-11-30	CA$3.42 Million ≈ $2.48 Million	-18.85%
2012-11-30	CA$4.22 Million ≈ $3.05 Million	+402.86%
2011-11-30	CA$839.14K ≈ $607.02K	--

Equity Component Analysis

This analysis shows how different components contribute to Precipitate Gold Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have decreased by 1548826200.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (November 2024)

Component	Amount	Percentage
Other Components	CA$21.55 Million	396.91%
Total Equity	CA$5.43 Million	100.00%

Precipitate Gold Corp Competitors by Market Cap

The table below lists competitors of Precipitate Gold Corp ranked by their market capitalization.

Company	Market Cap
The United Nilgiri Tea Estates Company Limited NSE:UNITEDTEA	$25.01 Million
PJX Resources Inc V:PJX	$25.01 Million
Chonburi Concrete Product Public Company Limited BK:CCP	$25.02 Million
Hidropar Hareket Kontrol Teknolojileri Merkezi Sanayi ve Ticaret A.S. IS:HKTM	$25.02 Million
CANEX Metals Inc V:CANX	$24.98 Million
Moong Pattana International Public Company Limited BK:MOONG	$24.98 Million
Dayou A-Tech KO:002880	$24.97 Million
iBio, Inc. Common Stock NYSE MKT:IBIO	$24.96 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Precipitate Gold Corp's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 6,036,365 to 5,429,867, a change of -606,498 (-10.0%).
Net loss of 768,522 reduced equity.
Other comprehensive income decreased equity by 4,439,108.
Other factors increased equity by 4,601,132.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CA$-768.52K	-14.15%
Other Comprehensive Income	CA$-4.44 Million	-81.75%
Other Changes	CA$4.60 Million	+84.74%
Total Change	CA$-	-10.05%

Book Value vs Market Value Analysis

This analysis compares Precipitate Gold Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 6.36x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has increased from 1.25x to 6.36x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2012-11-30	CA$0.21	CA$0.27	x
2013-11-30	CA$0.13	CA$0.27	x
2014-11-30	CA$0.10	CA$0.27	x
2015-11-30	CA$0.03	CA$0.27	x
2016-11-30	CA$0.07	CA$0.27	x
2017-11-30	CA$0.03	CA$0.27	x
2018-11-30	CA$0.02	CA$0.27	x
2019-11-30	CA$0.04	CA$0.27	x
2020-11-30	CA$0.03	CA$0.27	x
2021-11-30	CA$0.02	CA$0.27	x
2022-11-30	CA$0.05	CA$0.27	x
2023-11-30	CA$0.05	CA$0.27	x
2024-11-30	CA$0.04	CA$0.27	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Precipitate Gold Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): -14.15%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 0.00%
• Asset Turnover: 0.00x
• Equity Multiplier: 1.06x
Recent ROE (-14.15%) is above the historical average (-51.79%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2012	-43.18%	0.00%	0.00x	1.01x	CA$-2.24 Million
2013	-44.00%	0.00%	0.00x	1.02x	CA$-1.85 Million
2014	-41.34%	0.00%	0.00x	1.01x	CA$-1.74 Million
2015	-252.74%	0.00%	0.00x	1.04x	CA$-3.37 Million
2016	-44.77%	0.00%	0.00x	1.06x	CA$-2.14 Million
2017	-71.30%	0.00%	0.00x	1.03x	CA$-1.99 Million
2018	-55.44%	0.00%	0.00x	1.04x	CA$-1.11 Million
2019	-16.41%	0.00%	0.00x	1.01x	CA$-878.31K
2020	-50.27%	0.00%	0.00x	1.02x	CA$-2.06 Million
2021	-72.45%	0.00%	0.00x	1.06x	CA$-1.95 Million
2022	26.80%	0.00%	0.00x	1.38x	CA$972.44K
2023	5.94%	0.00%	0.00x	1.06x	CA$-245.03K
2024	-14.15%	0.00%	0.00x	1.06x	CA$-1.31 Million

Industry Comparison

This section compares Precipitate Gold Corp's net assets metrics with peer companies in the Gold industry.

Industry Context

Industry: Gold
Average net assets among peers: $1,353,474,797
Average return on equity (ROE) among peers: -22.52%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Precipitate Gold Corp (PRG)	CA$4.33 Million	-43.18%	0.08x	$24.99 Million
Allied Gold Corporation (AAUC)	$416.30 Million	-27.78%	2.17x	$2.59 Billion
Abcourt Mines Inc. (ABI)	$542.08K	-7.78%	0.16x	$60.24 Million
Barrick Gold Corp (ABX)	$12.86 Billion	-22.60%	1.63x	$59.47 Billion
American Eagle Gold Corp (AE)	$3.52 Million	-143.42%	0.34x	$127.56 Million
Agnico Eagle Mines Limited (AEM)	$127.14 Million	11.88%	1.22x	$69.33 Billion
Alamos Gold Inc (AGI)	$74.89 Million	-5.04%	0.01x	$12.03 Billion
AIS Resources Ltd (AIS)	$4.96 Million	-17.19%	0.24x	$2.79 Million
Alliance Mining Corp (ALM)	$-655.60K	0.00%	0.00x	$1.96 Million
Altamira Gold Corp (ALTA)	$18.80 Million	-9.47%	0.04x	$33.26 Million
Almaden Minerals Ltd (AMM)	$27.26 Million	-3.85%	0.03x	$24.82 Million

About Precipitate Gold Corp

V:PRG Canada Gold

Market Cap

$24.99 Million

CA$34.55 Million CAD

Market Cap Rank

#24336 Global

#922 in Canada

Share Price

CA$0.27

Change (1 day)

+3.92%

52-Week Range

CA$0.08 - CA$0.82

All Time High

CA$0.82